Tri-Township Fire Department Firefighters Pension Fund
Recent News About Tri-Township Fire Department Firefighters Pension Fund
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Report: Tri-Township FPD Firefighters Pension Fund gained $54,103 in investment income in 2018
After projecting its investments would grow by 4.8 percent, the Tri-Township FPD Firefighters Pension Fund netted 2.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Tri-Township FPD Firefighters Pension Fund would go bankrupt in 14 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Tri-Township FPD Firefighters Pension Fund would have lost $207,192 in 2018, according to a Quincy Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Quincy pays $8.30 for every $1 pensioners contribute to Tri-Township FPD Firefighters Pension Fund
Taxpayers contributed 89.3 percent of the $426,397 the Tri-Township FPD Firefighters Pension Fund brought in 2018, or $8.30 for every $1 from pension members.
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Report: 35.7% of Tri-Township FPD Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 35.7 percent of the Tri-Township FPD Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Tri-Township FPD Firefighters Pension Fund gained $5,986 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Tri-Township FPD Firefighters Pension Fund netted 0.23 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Tri-Township FPD Firefighters Pension Fund earns $54,779 per year
The Tri-Township FPD Firefighters Pension Fund had 6 active participants receiving an average salary of $54,779 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Quincy pays $6.58 for every $1 pensioners contribute to Tri-Township Fpd Firefighters Pension Fund
Taxpayers contributed 86.8 percent of the $302,625 the Tri-Township Fpd Firefighters Pension Fund brought in last year, or $6.58 for every $1 from pension members.
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Analysis: Tri-Township FPD Firefighters Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Tri-Township FPD Firefighters Pension Fund lost $282,090 in 2016, according to a Quincy Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Tri-Township firefighters pension fund saw 11% shortfall in city contribution in 2016
Of the 651 fire and police pension funds in Illinois, more than 400 were underfunded by cities in 2016, including three funds serving cities in the Quincy area.
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Report: 35.3% of Tri-Township Fpd Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 35.3 percent of the Tri-Township Fpd Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Divis
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Analysis: This Quincy Reporter pension fund would go bankrupt fastest without subsidies
A pension funds in Quincy would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.